Fannie Mae (FNMA)

[tutt1126]

Will F&F exit conservatorship to restore shareholder contract due to the legal case in DC?

Quote "FHFA violated by breaching the implied terms of their contracts with shareholders, when FHFA changed the terms of a stock purchase agreement to transfer the mortgage financing institutions’ profits to the U.S. treasury.

Therefore if defendants settle about $800 million dollars with shareholders without exiting conservatorship then the violations are still violated . It won't resolve the case according to Fannie and Freddie spspa class action.

Therefore right now, exit conservatorship is now a must.